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The Nigerian Deposit Insurance Corporation (NDIC) recently organized a financial literacy programme for secondary school students in Plateau State. The programme aimed to encourage students to develop a mindset of saving and was part of the institution's corporate social responsibility. Various stakeholders commended NDIC for its efforts in promoting financial literacy among youths.
West African defense chiefs have made a plan for potential military intervention to reverse last week's coup in Niger. The plan includes how and when to deploy forces and will not be disclosed to the coup plotters. ECOWAS has already imposed sanctions on Niger and said it could authorize the use of force if the coup leaders do not restore power to elected President Mohamed Bazoum by Sunday.
The National Assembly Election Petition Tribunal in Delta State has nullified the electoral victory of Honourable Ngozi Okolie, the Labour Party House of Representatives candidate. The Tribunal replaced him with Ndudi Elumelu of the Peoples Democratic Party. This decision raises questions about the validity and fairness of the electoral process.
A recent survey conducted by the Push Africa Foundation (PAF) has revealed that Senator Douye Diri, the serving State Governor, has taken a clear lead in popularity and acceptability ahead of the upcoming governorship election in Bayelsa State. The survey highlighted factors such as Diri's political tolerance, peaceful disposition, ongoing infrastructure development, and attention to workers' welfare as key reasons for his favorability among voters.
NEMA organized a one-day workshop on community involvement and resilient building during and after flood disasters. The workshop aimed to educate stakeholders on the importance of community participation and collaboration in disaster management, particularly in flood-prone areas. The event was well-received by participants, who pledged to share the knowledge gained with their respective communities.
The Lagos State Chapter of the Labour Party (LP) has criticized the state government and raised concerns about the deteriorating healthcare infrastructure following the tragic death of Doctor Vwaere Diaso at General Hospital Odan, Lagos Island. The party argues that the incident was avoidable had the government and hospital management taken proper action regarding long-standing complaints about the malfunctioning elevator. The LP calls for a thorough investigation and adequate compensation for the deceased doctor's family.
The Nigerian Shippers Council (NSC) and the Federal Competition and Consumer Protection Commission (CFCCPC) have joined forces to create guidelines that will safeguard the rights of consumers of shipping services at Nigerian ports. The Consumer Protection Regime (CPR) will promote transparency, fair trade practices, and efficiency in the port sector. This collaboration aims to foster competition, prosecute erring service providers, and ensure the dissemination of information and consumer education. Sensitization exercises involving stakeholders will be conducted nationwide to gather input and build trust before implementing the scheme.
As Nigeria faces the threat of unprecedented flooding, the International Rescue Committee (IRC) calls for urgent action to address the climate impact and prioritize the country in the global climate agenda. Devastating floods last year led to a surge in diseases, including cholera, due to the lack of clean water and health facilities. The IRC highlights the need for concrete commitments, increased funding, and innovative approaches like anticipatory action to mitigate the crisis and improve resilience. The article emphasizes the potential consequences on agriculture, food supply, education, and public health, not just in Nigeria but also across West Africa.
President Bola Tinubu has submitted a list of ministerial nominees to the national assembly, but it has raised concerns due to the exclusion of representatives from 11 states. The constitution mandates the appointment of at least one minister from each state, prompting expectations of a supplementary list to rectify this omission.
A recently published article reveals how the sugar industry manipulated scientific research to downplay the risks of sugar and emphasize the dangers of fat in the 1960s. The article highlights how the Sugar Research Foundation (SRF) sponsored studies to refute concerns about sugar's role in heart disease without disclosing industry funding. This manipulation influenced scientific discussions and shaped dietary guidelines for decades. The authors suggest that policy-making committees should be cautious of industry-funded studies and call for further research on the link between added sugars and coronary heart disease.
The Labour Party (LP) expresses shock and disappointment over the verdict of the National Assembly Election Petition Tribunal, which nullified the election of Ngozi Okolie and restored Ndudi Elumelu as the authentic winner of the Aniocha/Oshimili House of Representatives seat. LP argues that the court's decision infringes upon the party's authority to determine its members and candidates. The party affirms its intention to appeal the judgment and seeks to avoid any encroachment on its mandates.
Nigeria's central bank raised its main lending rate by 25 basis points to anchor inflation expectations while supporting investment. President Bola Tinubu's bold reforms, including the removal of petrol subsidy and restrictions on foreign exchange, have been welcomed by investors. However, analysts wanted more aggressive measures to counter price increases. The smaller rate hike reflects the central bank's aim to sustain efforts in anchoring inflation expectations and improving investor confidence.
Teachers in Benue State, under the Nigeria Union of Teachers (NUT), are considering going on strike due to the slashing of their statutory allowance and demotion by the state government. They have given the government 48 hours to reverse these decisions or face industrial action. The People's Democratic Party (PDP) has condemned the government's actions, calling the governor ill-prepared for governance. The NUT chairman has also highlighted issues with promotions and other allowances being removed.
Akin Akinwale, a member of the All Progressives Congress (APC) in Oyo state, has predicted that Governor Alex Otti of Abia state will be removed from office. Akinwale cited the Electoral Act 2022, stating that Otti was not duly sponsored by the Labour Party as he was not a member of the party during the primary election. This comes after Ngozi Okolie, a member representing Aniocha/Oshimili Constituency at the House of Representatives, was sacked by the National Assembly Election Petition Tribunal for a similar reason.
The Federal Ministry of Education has announced an increase in school fees for new students in Federal Unity Colleges. However, it is important to note that this decision predates the current administration. The increase mainly affects boarding house students who will now pay ₦100,000, while day students will pay ₦70,000. This article explores the details of the fee increment and its implications for students and parents alike.
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